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Canaan Inc. (CAN) AI Dilution Summary

Updated Oct 31, 2026

Estimated cash was $56,657,874 as of 2026-08-31, rolled forward from $66,006,000 at 2026-06-30 against estimated monthly burn of $8,654,000. The company is funding itself through an active ATM program with Macquarie Capital Limited and other sales agents. Through 2026-09-08 it had sold 95,558,430 shares since the program began, and sales after 2026-09-08 are not yet reported.